This has to be the most Zillow views we've had on a listing during the first day on the market. Between the two copies of the video tour (one is non-branded), there have been 159 views. The house has been shown four times in person. Housing is essential for some....
Hat tip to Mark for sending this in! Spencer Rascoff, the co-founder and former CEO of Zillow, has put his Brentwood Park estate on the market for $24 million, according to Redfin. The asking price is $7 million over the “Zestimate,” or Zillow’s appraisal of what the...
Here are the Zillow predictions for 2020 (higher sales and prices): With the housing market stabilizing from the drama of the early years of home price recovery and the subsequent slowdown during 2019’s home shopping season, we have a rare moment of calm to reflect on...
Hat tip to RK for sending in this article - an excerpt: I asked a realtor there that I know to do a CMA on the property. When she was done, her number came out to $460,000. Zillow’s offer was $440,000. This is where things got interesting. Their pitch is that with...
Understanding the housing market requires in-depth knowledge about the participants. Each year, Zillow surveys more than 10,000 market participants — homeowners, buyers, sellers and renters — to learn more about them and gauge their attitudes and behavior. Here’s a...
Same thing with the Zillow zestimate - two days later and it's lined up beautifully with the list price: The disrupters are hoping that homebuyers get hooked on internet valuations - sellers and listing agents are too!
We ended up with 12 offers on my listing in Rancho Penasquitos, with SIX of them over $900,000. Donna and I did some expert maneuvering to coach the buyer-agents higher on price, and we may have gotten an assist from Zillow too. This was their zestimate before the...
It's conclusive - the Zillow Offers program is only good for sellers who want/need BOTH quick cash and...
The path forward is becoming more clear. Zillow is rapidly expanding their ibuying enterprise, and because they are so well-known, they have a shot at a major disruption. In the video below, Mike describes how homeowners who used to rely on their zestimate for a home...
One of our favorite doomers says the tide is rolling out because inventory is up 37% in L.A. There are 11.5% more San Diego homes for sale, year-over-year. But in an area of 3.3 million people, having less than 10,000 homes for sale doesn't sound like panic time -...
